Silver continue to move within the correction and the downward channel. At the time of the publication of the forecast, Silver prices are at $ 23.33. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the asset value from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance level near the 23.75 area. Where can we expect a rebound and the continuation…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall of the instrument in the near future. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6538. At the moment,…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the ascending channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9278. Moving averages indicate a short-term bullish trend for the pair. Prices bounced off the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt to develop a correction in the US Dollar rate against the Swiss Franc and a test…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move within the framework of strong growth and an upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 78.91. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the US currency and the potential continued growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for September 29, 2020, we should expect an attempt to develop growth and…
BTC/USD are trading at 10913 and continue to move as part of the growth and the ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $201 599 451 652. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, September 29, 2020, we should expect an attempt to develop a downward correction in the…
ETH/USD are traded at 362.86 and continue to move as part of the growth and formation of the ”Triangle” pattern. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $40 981 377 984. Moving averages indicate a short-term bullish trend for Ethereum. Prices broke through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt at a bearish correction in the value of the coin and a test of the support level near…
LTC/USD are traded at 46.30 and continue to move within the growth and ascending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 057 078 262. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a decrease in the value of a digital asset and a test of the support level near the 45.05 area. Where…
XRP/USD aare traded at 0.2429 and continue to move as part of the correction and the formation of the ”Triangle” pattern. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $11 056 074 057. Moving averages indicate a short-term bullish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and potential continued growth. At the moment, we should expect an attempt to develop a downward correction of a digital asset and a test of the support level near the 0.2385 area. Further, an upward rebound…
Stock index S&P 500 continue to move within the framework of the growth and the downward channel. At the time of the publication of the forecast, the index is trading at the level of 3336. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the 3265 area. Where can we expect a rebound and continued growth of the S&P 500 quotes to the area above the level of 3535. S&P 500 Forecast and Analysis September 29, 2020 An additional signal in favor of raising the stock index quotes…
Quotes of the New Zealand Dollar to US Dollar NZD/USD end the trading week near the 0.6584 area. Moving averages indicate a bullish trend for the pair. Prices are testing the areas between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to grow the currency pair on Forex and test the resistance area near the level of 0.6745. Then, a rebound and continuation of the fall of the currency pair with a potential target below the level of…